Ready Meals Market to Eyewitness Massive Growth by 2028 | General Mills, ITC, Bakkavor, Premier Foods

Latest business intelligence report released on Global Ready Meals Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Ready Meals market outlook.

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List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
General Mills (United States), Bakkavor Group Ltd (United Kingdom), Nomad Foods Ltd (Islands), McCain Foods (Canada), Premier Foods Group Ltd (United Kingdom), Orkla ASA (Norway), ConAgra Foods Inc. (United States), ITC Limited (India)

Brief Overview on Ready Meals:
Ready Meals is refer as the meal which is been cooked at some where else and then bought it by someone to consume directly. The process saves time & energy of the consumers, so the demand for these type of food is increasing around the globe. It is backed up with the increasing disposable income among people and changing lifestyle. Nowadays, people globally prefer nutritional small quantity of ready meal instead of traditional large meals owing to a busy lifestyle. The market of the ready meals is increasing due to the growing number of working women and the growing number of nuclear families, while it is hampering due to the rising consciousness about health among the consumers..

McCain invests in its first frozen french fry factory in Brazil. With this investment, McCain continues to strengthen its expansion strategy in the Brazilian market. After acquiring 49% of Forno de Minas, who specialize in bread snacks and appetizers, in 2018 and 70% of Sérya.

Opportunities:
Collaboration with food service chain
Untapped market with healthier recipes and products

Market Growth Drivers:
Ready meals serve as low cost alternative to the meals
Changing lifestyle and consumer preferences
Growing disposable income

Key Market Trends:
Development in food and beverage industry
Growing demand for packed food
Increasing online ordering in many regions

United States - FDA provides regulatory and scientific information about irradiated food and packaging. Irradiation may be used to increase shelf-life and reduce harmful bacteria in meat, poultry, vegetables and other foods. and Canada - The safety of all materials used for packaging foods is controlled under Division 23 of the Food and Drugs Act and Regulations, Section B.23.001 of which prohibits the sale of foods in packages that may impart any substance to the contents which may be harmful to the consumer of the food. While it is the responsibility of the food seller (manufacturer, distributor) to ensure the safety of packaging material and compliance with B.23.001, there is a requirement that specific information be provided to Health Canada on materials used to package infant formula (Division 25), foods for special dietary use (Division 24) and novel foods (Division 28) for which packaging is considered as part of the evaluation process.

Segmentation of the Global Ready Meals:
by Type (Frozen Ready Meals, Chilled Ready Meals, Canned Ready Meals, Dried Ready Meals), Application (Household, Commercial), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data - 2016-2021
The base year for estimation - 2021
Estimated Year - 2022
Forecast period** - 2022 to 2028 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Ready Meals Market Study
Chapter 1: Exclusive Summary of the Ready Meals market
Chapter 2: Objective of Study and Research Scope the Ready Meals market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2018-2028
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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